Monthly Rent Report
Midtown Rent Report — September 2015
Asking rents in ZIP 10020, New York City, from 21 listings.
Median 1BR rent in Midtown was $2,650 in September 2015, down 17.2% (−$550) from August 2015 and down 26.4% year-over-year. The middle half of 1BR listings asked between $2,100 and $3,200. That puts Midtown $994 above the New York City citywide 1BR median of $1,656. The month's figures are based on 21 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2015 | Vs. September 2014 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,800 | — | +$650 (+30.2%) | $2,800 – $2,800 | 1 |
| Studio | $2,800 | — | +$650 (+30.2%) | $2,800 – $2,800 | 1 |
| 1BR | $2,650 | −$550 (-17.2%) | −$950 (-26.4%) | $2,100 – $3,200 | 4 |
| 1BR | $2,100 | −$1,100 (-34.4%) | −$1,500 (-41.7%) | $2,100 – $2,100 | 4 |
| 1BR | $3,200 | $0 (0.0%) | −$400 (-11.1%) | $3,200 – $3,200 | 5 |
| 3BR | $4,495 | $0 (0.0%) | −$305 (-6.4%) | $4,495 – $4,495 | 2 |
| 3BR | $4,495 | $0 (0.0%) | −$305 (-6.4%) | $4,495 – $4,495 | 4 |
Median, P25, and P75 are asking rents from listings posted in September 2015. Changes compare against the nearest prior month with data.
Midtown vs. New York City — September 2015
| Bedrooms | Midtown Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,800 | $1,587 | +$1,213 (+76.4%) |
| Studio | $2,800 | $1,587 | +$1,213 (+76.4%) |
| 1BR | $2,650 | $1,656 | +$994 (+60.0%) |
| 1BR | $2,100 | $1,656 | +$444 (+26.8%) |
| 1BR | $3,200 | $1,656 | +$1,544 (+93.2%) |
| 3BR | $4,495 | $2,600 | +$1,895 (+72.9%) |
| 3BR | $4,495 | $2,600 | +$1,895 (+72.9%) |
Citywide figure is the median of zip-level medians across 178 New York City zip codes with listings in September 2015.